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Solana Trades at $102.27 as Hourly Setup Sets a $102.62 Threshold

SOL was below its medium-term daily averages but above its long-term average, leaving the broader setup neutral with a bearish tilt.

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An unmarked metal token stands at the edge of a narrow ledge / TokenPost.ai
An unmarked metal token stands at the edge of a narrow ledge / TokenPost.ai

Solana (SOL) traded at $102.27 on Binance on Oct. 26, while an hourly chart setup put $102.62 as the close needed to extend the day's rebound.

A move above $102.62 during the hour would not satisfy the setup unless the hourly candle finished above that level.

On the daily chart, SOL was below its medium-term averages but above its long-term average, leaving the broader picture neutral with a bearish tilt. TokenPost's earlier Solana hourly setup used a separate recovery threshold of $105.63.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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